Tag: BTC
In the UK, Xapo Bank will give 1% interest on bitcoin
According to a statement released on August 5 and shared with CryptoSlate, Xapo Bank, a Bitcoin-focused organization, has announced its entry into the United Kingdom. According to the company, this…
Trading Volume of Bitcoin ETFs Soars Above $1.3B as Buyers Hurry for Cheap Bitcoin
As to the statement made by Alex Thorn, the head of research at Galaxy Digital, an asset management, Bitcoin ETFs saw very high trading volumes after the market decline. Increased…
Cryptocurrency expert Benjamin Cowen warns that altcoins are about to tank against bitcoin
On the social networking site X, analyst Benjamin Cowen informs his 839,200 followers that cryptocurrency owners are going to suffer because he thinks the market is closely replicating the 2019…
The largest one-day withdrawal from US spot bitcoin ETFs in 90 days
On Friday, August 2, the US’s 12 bitcoin exchange-traded funds saw their largest one-day withdrawal since May 1, which was more than 90 days ago (and more than 60 trading…
Although the price of bitcoin drops to $62K support, derivatives measures indicate a bull market
Between July 31 and August 1, the price of Bitcoin (BTC) fell by 5.5%, to $62,498—its lowest point in more than two weeks. This shift is thought to be caused…
The second layer of Bitcoin, Bitlayer, wins the scaling challenge over Merlin
Layer 2 of Bitcoin As far as total value locked (TVL) goes, Bitlayer has taken the top spot in the Bitcoin scaling networks ranking. With $391 million, Bitlayer—a Layer 2…
MicroStrategy raises holdings to 226,500 bitcoin and adds a BTC yield indicator
MicroStrategy announced on Thursday that it has added a new key performance indicator to its bitcoin strategy and since the start of the second quarter, it has purchased 12,222 bitcoin…
Despite a price rally, Bitcoin Exchange Reserves Reach a Multi-Year Low
According to data from on-chain analytics company CryptoQuant, this steep drop coincides with a persistent price spike for Bitcoin as it continues to test $70,000. According to CoinGecko data, this…
A $2.2 billion options expiry may cause the price of bitcoin to stabilize, economists warn
The monthly expiry of over $2.2 billion is scheduled to take place on August 2, and Bitfinex analysts forecast in a note that they foresee potential further downward pressure on…
Saylor of MicroStrategy claims that the nation that purchases Bitcoin first by issuing money ‘wins’
Michael Saylor, executive chairman of MicroStrategy, claimed that Bitcoin might assist in resolving half of the world’s economic issues, particularly for nations facing difficulties as a result of growing national…
Lummis proposes legislation to create a strategic reserve of one million Bitcoins for the United States
A new bill introduced by Senator Cynthia Lummis seeks to create a strategic reserve of at least one million Bitcoins (BTC) for the United States, which represents 5% of the…
Bitcoin2024 is dominated by Trump and “Bitcoin Season 2”
At the world’s largest Bitcoin conference, Coin2024, more than 20,000 enthusiasts have descended upon Nashville, Tennessee. As dapp developers and politicians prowl the hallways, it’s evident that the world’s largest…
Speaking at Bitcoin2024, Trump declares that Gary Gensler will be fired immediately
Donald Trump declared on the last day of Bitcoin2024 that he will remove Gary Gensler’s leadership at the Securities and Exchange Commission (SEC), a government organization that is well-known for…
Bitcoin’s 7-Day Hashrate Average Exceeds the Peak on May 25 and Breaks the Record with 677 EH/s
Bitcoin Hashrate Sets New Highs This week has seen new highs for Bitcoin’s hashrate, which has coincided with a rise in the price of the top cryptocurrency asset during the…
Mezo, a Bitcoin scaling network, has raised an additional $7.5 million
The Bitcoin BTC +1.93% scaling network Mezo was developed by Thesis, a startup studio, and has raised $7.5 million in a strategic investment round led by Ledger Cathay Fund. Thesis…
CEO of Cantor Fitzgerald announces $2 billion Bitcoin financing program
At the Bitcoin 2024 conference in Nashville, Tennessee, on July 27, Howard Lutnick, the company’s chairman and CEO, made the announcement. With $13.2 billion in assets under management, Cantor is…
After the launch of the spot ETH ETF, $5.6 billion in Bitcoin and Ethereum options will expire
Today’s expiration of Bitcoin (BTC) and Ethereum (ETH) options is estimated to be worth $5.65 billion. It is expected that this big expiration will bring significant volatility, and investors and…
Zero-Knowledge Proof on the Mainnet is Verified by Bitcoin Rollup Protocol BOS
ZK Proof is Verified by BOS on Bitcoin Bitcoin.com News was informed by BOS, a system for interoperable and trustless Bitcoin rollups, that it has reached this milestone, potentially doing…
A venture fund focused on cryptocurrencies receives $113 million from Michael Novogratz’s Galaxy
In order to support Galaxy Ventures, a fund that invests in early-stage businesses in the fields of financialized applications, software infrastructure, and crypto protocols, Michael Novogratz’s Galaxy Asset Management has…
$78 million leaves US Bitcoin ETFs, snapping a 12-day trend of inflows
Blackrock’s IBIT Gains $71M, while Three Bitcoin ETFs See Outflows After record-breaking inflows for 12 straight days and a $533.57 million inflow on Monday, U.S. spot bitcoin ETFs saw a…